By Oswald Sobrino, J.D.; M.A. (Econ.); M.A. (Theo.); M.L. (Master of Latin), doctoral student, University of Florida.

Tuesday, November 23, 2010

Mammon Fails, Again

Flags of the European UnionImage via Wikipedia
The Pope has commented previously on the lessons of the financial collapse. Mammon continues to fail. First, Greece needed a bailout from the European Union (EU). Today, Ireland. Tomorrow, maybe Portugal and possibly Spain (the first big fish). And who knows? The U.K. is not in such great financial shape either. Neither is France.

The U.S. has its own problems. GM got a bailout, so have many financial institutions. The state of Michigan, for example, has been in economic free-fall for years now.

Money gives an aura of success that is quite deceptive. I can think of some individuals whose lives have an outward sheen of success because they got advanced degrees and higher paying jobs. Yet, the unseen, inward, toxic disaster of their personalities and emotions persists. The same can happen to entire nations, but in nations we call the "personality" culture.

Yet, even without financial ruin, individuals and nations can still be "soul failures." Financial collapse can expose our false cover. Yet, continued financial prosperity can simply continue to disguise it. We are seeing life lessons for each of us as individuals and for nations as a whole.